Days Inventory is also known as Days Sales of Inventory (DSI). CAE's Average Total Inventories for the
three
months ended in Sep. 2024 was $466 Mil. CAE's Cost of Goods Sold for the
three
months ended in Sep. 2024 was $624 Mil.
Hence, CAE's Days Inventory for the
three
months ended in Sep. 2024 was 68.06.
The historical rank and industry rank for CAE's Days Inventory or its related term are showing as below:
CAE'
s Days Inventory Range Over the Past 10 Years
Min: 50.75 Med: 80.55 Max: 104.06
Current: 69.06
During the past 13 years, CAE's highest Days Inventory was 104.06. The lowest was 50.75. And the median was 80.55.
CAE's Days Inventory is ranked better than 77.66% of 291
companies
in the Aerospace & Defense industry
Industry Median: 146.2
vs CAE: 69.06
CAE's Days Inventory
declined
from Sep. 2023 (78.65) to Sep. 2024 (68.06).
Inventory Turnover measures how fast the company turns over its inventory within a year.
CAE's Inventory Turnover for the
three
months ended in Sep. 2024 was 1.34.
Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.
CAE's Inventory-to-Revenue for the
three
months ended in Sep. 2024 was 0.55.
CAE Days Inventory Historical Data
The historical data trend for CAE's Days Inventory can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Aerospace & Defense subindustry, CAE's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
CAE's Days Inventory Distribution in the Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, CAE's Days Inventory distribution charts can be found below:
* The bar in red indicates where CAE's Days Inventory falls into.
CAE Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
CAE's Days Inventory for the fiscal year that ended in Mar. 2024 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
CAE (NYSE:CAE) Days Inventory Explanation
Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:
1. Inventory Turnover measures how fast the company turns over its inventory within a year.
CAE's Inventory Turnover for the
three
months ended in Sep. 2024 is calculated as
2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.
CAE's Inventory to Revenue for the
three
months ended in Sep. 2024 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Be Aware
A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.
CAE Days Inventory Related Terms
Thank you for viewing the detailed overview of CAE's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
CAE Inc provides training and aviation services, integrated enterprise solutions, in-service support, and crew-sourcing services. The company operations are managed through two segments: Civil Aviation which offers comprehensive training solutions for flight, cabin, maintenance, and ground personnel in commercial, business, and helicopter aviation, a complete range of flight simulation training devices, ab initio pilot training, and crew sourcing services, as well as aircraft flight operations solutions; and Defense and Security which is a global training and simulation provider delivering scalable, platform-independent solutions that enable and enhance force readiness and security. It generates the majority of its revenue from the Civil Aviation segment.
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